Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][420] Developments & Discussions.
by
ohmydoge
on 16/10/2014, 10:23:08 UTC
anybody who can explain me why the price is not even close to the price it should be traded in real life on 20-10?

no worry about that Cheesy
any fundamental explanation?
Correct me if I am wrong but on 20-10, Cannabiscoin should be traded real life for a price of more or less 0.02 and it is now at 0.000093
I don't get it (if the numbers are correct)

the explanation will be that the price will rise before that.
Look at the price from cann coin at 2 weeks ago:)

And ofc we can all help the coin owners to make a rising price..

It is still not logical for me why the price is that far away from the price which it should be on 20-10
Any reasons for that (except that it will rise in future)?

I for one don't think it's possible also. There would be so many people buying CANN in only 4 days. 1$ each is maybe possible.

It may be $8. On October 20th, patients and press will be there. The deal is: 1 g = 1 CANN, up to 3g each time. What are people going to do?

1) invest ("oh, it's like this thing, the Bitcoin, I will not miss the train again")
2) buy to get cheap 3g each time ("eh, this coin is so cheap, I can invest in it AND get cheap weed")

Even $50M market cap is NOTHING for this industry. $1 Billion wouldn't impress me.